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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

Lao Kip/British Pound (FOREX:LAKGBP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_LAKGBP
Open High Low LAKGBP Price Change
0.000090 0.000090 0.000090 0.000090 0.000000
Entry Signal

MarketClub’s Trade Triangles for LAKGBP

long term down The long term trend has been DOWN since Sep 16th, 2018 at 0.000090

intermediate term up The intermediate term trend has been UP since Oct 2nd, 2018 at 0.000090

short term up The short term trend has been UP since Sep 30th, 2018 at 0.000089

Smart Scan Analysis for LAKGBP

Based on a pre-defined weighted trend formula for chart analysis, LAKGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for LAKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000090 0.000090 0.000090 0.000090 0.000000
Prev. Close Volume Bid Ask Time
9e-05 0.000087 0.000092 2018-10-09 21:28:11
Want to analyze Lao Kip/British Pound LAKGBP or another symbol? Try our Free Forex Trend Analysis Report.